Paycom Software Inc
F:0PY

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Paycom Software Inc
F:0PY
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Price: 115.5 EUR -0.47% Market Closed
Market Cap: €6.7B

Paycom Software Inc
Investor Relations

Paycom Software sells cloud-based payroll and human resources software to businesses. Its system helps companies pay employees, track time and attendance, manage benefits, handle hiring and onboarding, and keep employee records in one place. The main customers are employers that want to run HR and payroll work through a single software system instead of using many separate tools. Paycom makes money mainly by charging customers subscription fees for access to its software and related services. It also earns revenue from setup, support, and other service work tied to getting the system running and keeping it operating for customers. Because payroll and HR are recurring needs, many customers use the platform every pay cycle and for day-to-day workforce administration. What makes Paycom different is its focus on a single-database model and employee self-service. The company tries to reduce manual work by letting employees and managers enter and update their own information, which helps cut errors and back-and-forth between departments. In the software industry, Paycom acts as a specialized back-office provider that sits at the center of how a business pays people and manages employee data.

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Last Earnings Call
Fiscal Period
Q1 2026
Call Date
May 6, 2026
AI Summary
Q1 2026

Solid Start: Paycom said first-quarter results were solid and that its 2026 plan remains on track, with management expressing confidence in the rest of the year.

Revenue Beat: Total revenue reached $572 million, up 8% year over year, while recurring and other revenue rose 9% to $544 million.

Profitability: Adjusted EBITDA was $275 million, with margin expanding 50 basis points to 48.2% thanks to automation and process efficiencies.

Guidance Reaffirmed: The company kept its full-year revenue and adjusted EBITDA outlook unchanged, signaling management sees stability ahead.

Buybacks: The board approved a new $2 billion share repurchase authorization after the company already bought back $1.06 billion of stock in the quarter.

AI Strategy: Management pushed back on market fears around AI disruption, saying Paycom sells automated solutions rather than AI for its own sake, and highlighted rising usage of IWant.

Key Financials
Total revenue
$572 million
Recurring and other revenue
$544 million
Net income
$156 million
Earnings per share
$3.04
Adjusted EBITDA
$275 million
Adjusted EBITDA margin
48.2%
Earnings per share
$3.15
Share repurchases
8.4 million shares
Cash dividends
$18 million
Cash and cash equivalents
$154 million
Credit facility
$2.125 billion
Credit facility drawn
$675 million
Funds held for clients
$3.1 billion
IWant usage
up 33% since the end of the fourth quarter
Earnings Call Recording
Other Earnings Calls

Management

Mr. Chad R. Richison
Founder, President, CEO & Chairman of the Board
No Bio Available
Mr. Craig E. Boelte CPA
CFO & Treasurer
No Bio Available
Mr. Bradley Scott Smith
Chief Information Officer
No Bio Available
Mr. Jason Dean Clark
Chief Administrative Officer
No Bio Available
Mr. Randy Peck
Chief Operating Officer
No Bio Available
Mr. James Samford
Head of Investor Relations
No Bio Available
Mr. Matthew Paque J.D.
Chief Legal Officer & Secretary
No Bio Available
Mr. Steve Sturges
Chief Marketing Officer
No Bio Available
Ms. Amy Walker
Executive Vice President of Sales
No Bio Available
Ms. Jennifer M. Kraszewski
Chief Human Resources Officer
No Bio Available

Contacts

Address
OKLAHOMA
Oklahoma City
7501 W Memorial Rd
Contacts
+14057226900.0
www.paycom.com
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